SABA CAPITAL MANAGEMENT, L.P. Information

405 LEXINGTON AVENUE, NEW YORK, New York, 10174, (212) 542-4635

Report Date: 12/31/2014

Position Statistics

Total Positions 187
New Positions 16
Increased Positions 37
Decreased Positions 145
Positions with Activity 182
Sold Out Positions 51
Total Mkt Value (in $ millions) 1,030

Institutional Holdings information is filed by major institutions on form 13-F with the Securities and Exchange Commission.

Sector Weighting

Basic Materials 2.8%
Capital Goods 1.37%
Conglomerates 0%
Consumer Cyclical 0.37%
Consumer/Non-Cyclical 0%
Energy 2.81%
Financial 81.3%
Healthcare 0.93%
Services 2.99%
Technology 0.36%
Transportation 1.3%
Utilities 0.41%

187 Positions as of 12/31/2014

Company Class Value of Shares ($1,000s) ▼ Change in Value ($1,000s) Change (%) Shares Held
BLACKROCK CORPOR HI YLD FD INC COM 79,564 -7,184 (8.28) 6,979,323
BLACKROCK DEBT STRAT FD INC COM 60,275 -2,844 (4.51) 15,820,136
PIMCO DYNAMIC CR INCOME FD COM SHS 48,014 -4,738 (8.98) 2,256,284
BLACKROCK CR ALLCTN INC TR COM 42,678 -7,702 (15.29) 3,163,682
BLACKROCK MULTI-SECTOR INC TR COM 35,137 -6,989 (16.59) 2,005,559
MORGAN STANLEY EM MKTS DM DEBT COM 33,507 135 .41 3,465,097
PUTNAM PREMIER INCOME TR SH BEN INT 30,871 -3,778 (10.9) 5,880,265
WELLS FARGO ADVANTAGE INCOME COM SHS 30,336 -1,841 (5.72) 3,397,049
BLACKSTONE GSO STRATEGIC CR FD COM SHS BEN IN 28,163 1,405 5.25 1,723,585
ABERDEEN ASIA PACIFIC INCOM FD COM 27,706 -9,623 (25.78) 5,028,347
WESTERN ASSET HGH YLD DFNDFD COM 27,050 -320 (1.17) 1,639,390
WELLS FARGO ADVANTAGE MULTI COM SHS 22,399 -845 (3.63) 1,643,375
WESTERN ASSET MGD HI INCM FD COM 22,351 -606 (2.64) 4,314,910
NUVEEN MTG OPPORTUNITY TERM FD COM 20,555 -943 (4.39) 891,750
WESTERN ASSET EMRG MKT INCM FD COM 18,838 -990 (5) 1,648,089
GLOBAL HIGH INCOME FUND INC COM 17,907 -52 (0.29) 1,987,215
VANGUARD BD INDEX FD INC TOTAL BND MRKT 17,259 17,259 New 209,205
WESTERN ASSET HIGH INCM OPP FD COM 16,591 -3,922 (19.12) 3,072,438
MFS MULTIMARKET INCOME TR SH BEN INT 16,189 -4,442 (21.53) 2,490,689
WESTERN ASSET GLOBAL CP DEFINE COM 15,363 -1,677 (9.84) 848,772